S 1046 New Jersey Senate · 2024-2025 Regular Session

Permits consumers aged 65 and over up to five business days to cancel home improvement contracts.

This bill extends the cancellation period for home improvement contracts to seniors aged 65 and older. It allows these consumers to cancel any home improvement contract for any reason within five business days (instead of the current three days) after receiving the signed contract. Contractors must include a clear notice in the contract stating this extended window and require full refunds within 30 days of cancellation. The change directly affects seniors entering home improvement agreements over $500, providing them additional time to review contracts without penalty.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Commerce Committee
upper
2 primary · 1 co-sponsor

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